TSE:8058Trade Distributors
How EV Supply Chain Moves and Buybacks At Mitsubishi (TSE:8058) Have Changed Its Investment Story
In recent weeks Frontier Lithium announced a non-binding Memorandum of Understanding with Panasonic Energy and Mitsubishi Corporation to explore lithium hydroxide offtake from their joint PAK Lithium Project in Canada, while Mitsubishi also issued two tranches of senior unsecured euro-denominated notes maturing in 2030 and 2034.
These developments, together with Mitsubishi’s ongoing large share buyback program, highlight the group’s focus on capital management and positioning within the...